Tag: funeral business

Cemetery

Goatscaping Coming to a Cemetery near You

The United States is at what some may term full capacity employment and with that comes the high price of labor.  As a matter of fact, some municipalities have instituted a $15 per hour minimum labor rule.  So, what happens if you have a cemetery to maintain and limited funds for capital equipment or just can’t afford the $15 per hour minimum wage rule? Laurel Grove North Cemetery in Savannah, Georgia, is launching a pilot program that you can read […]

Finance

What Price is Too High?

I was driving into a board meeting on Monday and listening to one of the business channels on Sirius Radio.  The topic that came up and was being discussed was the potential acquisition of Fox by either Disney or Comcast.  As you may know, Fox  was given an acquisition offer by Disney last December at about $52 billion.  Just recently Comcast entered the fray and offered about $65 billion for the company.  The stockholders of Fox have yet to respond […]

Business

Suggestions or Coercion?

Late last Wednesday a jury in Montana issued a verdict against a Montana funeral home for coercing a widow client into pursuing a cremation for her husband against his “final wishes” for earth burial.  You can read about the case in the Great Falls Tribune here. According to the article, Robert Yeager, age 64 died on October 7, 2012.  According to court records, as mentioned in the article, Mr. Yeager’s death caused a bloating of the body, splitting skin, building […]

Finance

InvoCare adds two heritage funeral homes in New Zealand

InvoCare Limited, the market leading funeral home firm in Australia, announced Friday that it will be closing on two acquisitions from the South Island of New Zealand on June 22.  You can read a clip about this from Motley Fool Australia here. The company will acquire Hope and Sons Funeral Directors in Dunedin and  Whitestone Funerals in Oamaru.  According to the article, Hope and Sons has been in business for 130 years and is in its fifth generation of ownership.  […]

Business

The Staffing Dilemma

There is no doubt that staffing at funeral homes across North America is an issue and up for much debate on how it is done.  I recently ran into an article from Great Britain that was published in Wales Online, and which you can read here. The article is very interesting and concerns the company Co-operative Funeralcare.  The article touches on the need for less funeral directors by the company, but, according to the article, not to save money, but […]

Business

Can a Celebrant on Staff Increase Revenue

Over the weekend I read a couple of articles on different subjects that brought me to the question, “Can a funeral/memorial celebrant on staff increase revenues?”  You might be wondering how I got to that question or even why I might ask it.  Let me explain. I first came across an article on church attendance in America.  After reading it and finding it interesting I looked for and found some other articles on the subject just to argue or reinforce […]

Finance

Service Corporation adds Board Members

Last week Houston based funeral home conglomerate Service Corporation International (SCI) added two new members to its board of directors.  A press release from SCI that you can read here announces the appointments of Jakki L. Haussler and Sara Martinez Tucker as the new members. According to the release, SCI CEO Tom Ryan stated that the backgrounds and leadership experience of the two will make an important and positive impact on the company. Haussler was the co-founder of Opus Capital […]

Finance

Legacy Funeral Group Announces Texas Acquisition

Last week the Legacy Funeral Group announced the acquisition of the Charlie Marshall Funeral Homes.  The Charlie Marshall Funeral Homes were founded in 1949 and have served the Texas communities of Aransas Pass and Rockport for over 65 years.  You can read a press release on the transaction here. According to the press release, the Legacy Funeral Group, founded in 1998, now has more than 100 funeral homes under their control.

Business

A Transformational Time

Today we bring you a short, less than 3 minute video, and article that you can access here that has the CEO of death care conglomerate InvoCare speaking on why he believes it “is a transformational time” in the industry.  CEO Martin Earp, speaking with CNBC, talks of the major shift on how people are approaching their own funeral instead of having someone else plan it after they are gone. Earp contends in the video that people are now “hands […]

Finance

Seeking Alpha Article on StoneMor Partners

I present you this article published yesterday from investor opinion site Seeking Alpha on the potential upside of StoneMor Partners.  It is a good read and, like most articles pertaining to the death care industry, there is something to take from it. Funeral Director Daily take:  I will tell you, however, as a 35 year industry veteran I don’t agree with some of the industry assumptions that the author uses.  I suggest that you read the article, but remember, it is […]